BOSTON – Troutman Pepper Locke advised U.S. Gold Corp. (NASDAQ: USAU), a publicly traded, U.S.-focused gold and copper exploration and development company, in closing a private placement of 1,922,159 shares of common stock at $16.25 per share and warrants to purchase 961,077 shares of its common stock at an exercise price of $23 per share, pursuant to a securities purchase agreement entered into with certain investors, resulting in total gross proceeds of approximately $31.2 million. For more information, see the press release.
The Troutman Pepper Locke team that advised U.S. Gold Corp. was led by Tom Rose, Nicole Edmonds, Alex Yarbrough, Shona Smith, Jason Langford, and Joe Cataldo.
Consistently recognized as a top-tier practice, Troutman Pepper Locke’s corporate attorneys regularly handle strategic deals for clients ranging from industry-leading, Fortune 100 corporations to emerging companies. Core areas of service include mergers and acquisitions, corporate finance, corporate governance, securities laws compliance, capital markets transactions, and other significant domestic and cross-border transactions, as well as general corporate counseling.
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